Reply to Buying and razing a home in Pimmit Hills

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[quote=Anonymous][quote=Anonymous]I would rather have a neighborhood full of new homes than old and new mixed. Perhaps that will happen with PH because it's very easy and affordable to remove the original houses. I prefer the look of new developments with all new home  but closer in they don't exist because people are hanging on to the old homes due to the high cost of living.[/quote]  No neighborhood will ever be entirely 100% rebuilt with new homes, especially in a short period of time or without any other reason, like massive redevelopment.  There are plenty of flips and remodels/additions in PH just as in the more expensive areas inside beltway.  And, the more popular it becomes, the more expensive it will be to build new, people's salaries are not getting any higher, so more old shacks will stay.    And you are forgetting that the whole appeal of PH is that it is a lower cost area, and attractive to those without big budgets, take this away, and PH has to compete with everything else inside beltway.  The affordable pricing is what's giving this place an edge.  [/quote]

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